real estate sector
Affordable housing sees 27 per cent growth in January-September
Hyderabad saw a jump of 813 per cent in new affordable launches during the period under review.
Govt lends an ear to builders' demand for realty growth
Real estate developers have played an important part in implementation of this law in states.
'RBI rate cut to boost housing sales this festive season'
Reduction in Repo rate will push the banks to further reduce the lending rates.
All states must notify rules related to RERA by July 30
RERA promises to bring much-desired transparency, accountability and efficiency in real estate sector.
Housing sales fall over 40 per cent in Jan-May on slow mkt: PropEquity
Launch of new homes also fell 62 pc to 70,450 units during the first five months of this year as against 1,85,820 units.
Effective GST rate on under-construction real estate at 12 pc
Government hiked the GST rate for the construction sector to 18 per cent from 12 per cent.
India's infrastructure output grows 3.6 per cent in May
Annual growth in refinery production rose 5.4 per cent last month from 0.2 per cent in April.
Housing prices to decline after GST rollout: Naidu
Govt hiked the GST rate for the construction sector to 18 pc from 12 pc but removed land value from computation of tax liability.
Rise in real estate tax slab puts developers in fix
The tax for the real estate has gone up from 12 per cent to 18 per cent.
Affordable housing finance space to grow to Rs 6 tn by FY22
Ind-Ra expects the sector to attract over Rs 200 billion of equity inflows over FY17-FY22 which would support growth.